Italian confectioner Venchi plans to expand in Asia with state support
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MILAN (Reuters) - Italian gourmet chocolate maker Venchi plans to expand in Asia using the financial support it has just received from the government, the company said on Thursday.Italy's internationalisation agency SIMEST has invested 4 million euros in Venchi's Hong Kong subsidiary to help it roll out its 2019-2023 expansion plan. In addition SACE has guaranteed a 4.5 million euro loan issued to Venchi by Italian bank UniCredit . Venchi, which sells pralines and ice creams, wants to double its..